Korea Electric Power (Korea Electric Power) Interest Expense

: $-2,522 Mil (TTM As of Sep. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Korea Electric Power's interest expense for the three months ended in Sep. 2023 was $ -864 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-2,522 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Korea Electric Power's Operating Income for the three months ended in Sep. 2023 was $ 1,496 Mil. Korea Electric Power's Interest Expense for the three months ended in Sep. 2023 was $ -864 Mil. Korea Electric Power's Interest Coverage for the quarter that ended in Sep. 2023 was 1.73. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Korea Electric Power Interest Expense Historical Data

The historical data trend for Korea Electric Power's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Korea Electric Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1,742.40

-1,824.33

-1,617.09

-2,178.90

Korea Electric Power Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-690.03	-802.50	-854.99	-864.33	-

Korea Electric Power Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,522 Mil.

Korea Electric Power (NYSE:KEP) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Korea Electric Power's Interest Expense for the three months ended in Sep. 2023 was $-864 Mil. Its Operating Income for the three months ended in Sep. 2023 was $1,496 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $5,011 Mil.

Korea Electric Power's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	1496.415	/	-864.327
	=	1.73

The higher the ratio, the stronger the company's financial strength is.

Korea Electric Power (Korea Electric Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Korea Electric Power Corp (NYSE:KEP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

015760:Korea KOP:Germany KEP:Argentina

Address

55 Jeollyeok-ro, Jeollanam-do, Naju-si, KOR, 58322

Website

https://www.kepco.co.kr

Korea Electric Power Corp is an electric utility company in which the government of South Korea holds a controlling stake. The firm operates in the following segments: Transmission and distribution, Electric power generation (Nuclear), Electric power generation (Non-Nuclear), Plant maintenance & engineering service, and Others. Most of the energy produced by the company comes from its nuclear and coal-fired assets. Korea Electric Power generates revenue primarily through the Transmission and distribution segment.